Summer for Hollywood is over, as movie studios get serious releasing their 2019 Academy Awards movie contenders this fall. Straight off the bat, October sees the release of two well-backed Oscar 2019 ‘Best Picture’ contenders in ‘A Star is Born’ (Warner Bros) and ‘First Man’ (Universal Pictures), bookmaker Coral is paying attention to what it believes could become an early …
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Coral extends Black Cats partnership
League one favourites, Sunderland have announced the two year extension of their partnership with UK betting operator Coral. As part of the partnership, Coral will provide the Stadium of Light with a comprehensive match day betting service for every league and cup game throughout the 2018-19 and 2019-2020 seasons. Through its association with Sunderland, Coral aims to further strengthen its …
Read More »GVC & MGM to create “one of a kind” platform for US expansion
As anticipated FTSE-listed GVC Holdings has this morning confirmed the establishment of its 50-50 US joint venture with MGM Resorts International (MGM). Updating the market, GVC governance states that the joint-venture will significantly expand its US position granting direct access to regulated US states, with both venture parties securing ‘meaningful early mover advantages.’ “With a proven track record as partners-of-choice, …
Read More »Oddschecker: Interesting trends amidst Royal Ascot breakdown
Royal Ascot arrived last week amidst its usual fanfare, as people flocked in their droves to the Berkshire racecourse for what Oddschecker describes as “a fairly standard affair” on the face of it, with the trend of the previous two year continuing with seven winning favourites. From a margin perspective it is detailed bookies enjoyed a successful week, with Friday’s …
Read More »No Joke… Coral taking KSI vs Logan Paul very seriously!
Whilst all bookmakers are consumed by Russia 2018 trading, they may have neglected a major sporting event taking place this summer. Scheduled for a sell-out Manchester Arena on 25 August, British social media star KSI is set to box controversial American vlogger Logan Paul. A boxing match between two novice ‘whitecollar’ fighters, won’t set the sporting world alight, however, bookmaker …
Read More »John Kelly rejoins Gala Leisure to lead big bingo changes
UK bingo hall operator, Gala Leisure has turned to an old hand in John Kelly to serve as non-Executive Chairman Kelly the founder of Gala Coral’s bingo and betting enterprise has most recently served as Chairman of Ladbrokes Coral Plc, prior to its 2018 takeover by GVC Holdings. A UK leisure and gambling figurehead, Kelly will be a key stakeholder …
Read More »Hollywood Edge… Coral debuts ‘Sports Rodstein’ with Danny McBride
Coral (GVC Holdings) has turned to Hollywood for its new TV ad campaign ‘Sports Rodstein’, as the UK bookmaker seeks to ramp up its World Cup trading activity. ‘Sports Rodstein’ is Coral’s first campaign developed under the guidance of new creative agency Alpha Century London. The campaign introduces Sports Rodstein, the US’ biggest sports fan played by popular Hollywood comedian Danny McBride …
Read More »GVC may face battle to pass pay deals at AGM
The Board at GVC may face a battle to pass two resolutions at its AGM next week regarding executive pay after shareholders were advised to vote against the proposals. GVC, which operates the betting brands Ladbrokes, Coral & bwin, intends to award CEO Kenny Alexander and chairman Larry Feldman huge share option packages, worth £45m and £22.5m respectively since 2016. While …
Read More »GVC Holdings rules out judicial review of FOBT decision despite £160m hit
GVC Plc, the owner of Ladbrokes Coral, has appealed for time to implement the new £2 stake for B2 Gaming Machines, given that it will cost the company £160m as soon as the cut is implemented, and said that it does not intend to seek a judicial review of the DCMS‘ decision. In an update to the stock market, the …
Read More »Coral extends longest running Group 1 sponsorship
Coral’s sponsorship of the Sandown Park Group 1 contest known as the clash of the generations, has been extended for a further five years. The Coral-Eclipse is also to be run for a record £750,000 in 2018, with the £250,000 increase on 2017’s figure a direct result of investment by the bookmaker and and The Jockey Club. Seeking to preserve …
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